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Dec 30, 2012
12/12
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jim axelrod is off tonight. i'm rebecca jarvis. with just two days left, senate leaders are still struggling to put together a last minute bp deal ahead of monday's midnight deadline for the fiscal cliff. failure could kick the country back into a recession. wyatt andrews is on capitol hill. >> reporter: today the halls of the senate were almost empty, as proposals got traded in private and over the phone. senate minority leader much mcconnell tried to sound upbeat. going to get a deal today sir? >> hope. so. >> reporter: house speaker boehner came to the capitol but left without comment. issue number one in the talks is amending the bush era tax cuts, which if unchanged will expire and raise taxes on all americans. starting tuesday, the average tax hike will be three to 5% per person. >> let's keep taxes exactly where they are on the first $250,000 of everybody's income. >> reporter: the president campaigned to increase taxes only on families making more than $250,000 per year. almost two weeks ago, the president offered a comprom
jim axelrod is off tonight. i'm rebecca jarvis. with just two days left, senate leaders are still struggling to put together a last minute bp deal ahead of monday's midnight deadline for the fiscal cliff. failure could kick the country back into a recession. wyatt andrews is on capitol hill. >> reporter: today the halls of the senate were almost empty, as proposals got traded in private and over the phone. senate minority leader much mcconnell tried to sound upbeat. going to get a deal...
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Dec 30, 2012
12/12
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fox news contributor, judy miller, rich grenell that served for four ambassadors and jim pinkerton and fox news political analyst. juan williams. i'm jon scott. fox news watch is on right now. >> we can now definitively say that president barack obama will be re-elected, mitt romney will come up a loser in this race. >> jon: the billing media story of the year, the presidential election. that was how it ended. barack obama beating mitt romney and an end to a bitter season that started early with the g.o.p. primaries and events like this. >> we saw some of this black church in south carolina where a woman asked you why you referred a president obama as the food stamp president. it sounds as if you are suitcase to go belittle people. >> first of all, juan, the fact is that more people have been put on food stamps by barack obama than any president in american history. [ cheers and applause ] >> i know among the political kli correct and i'm supposed to you use facts that are uncomfortable. [ laughter ] >> so that was just part of a long and memorable primary season. juan, is that your hi
fox news contributor, judy miller, rich grenell that served for four ambassadors and jim pinkerton and fox news political analyst. juan williams. i'm jon scott. fox news watch is on right now. >> we can now definitively say that president barack obama will be re-elected, mitt romney will come up a loser in this race. >> jon: the billing media story of the year, the presidential election. that was how it ended. barack obama beating mitt romney and an end to a bitter season that...
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Dec 29, 2012
12/12
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michael in new york. >> caller: hi, jim. i enjoy the show, thank you for helping me make money for my family. >> i appreciate that. >> caller: i have two questions. what do you gain by getting a dividend if the share price goes down by the amount of the dividend and then you have to pay taxes to the dividend, and isn't comparing dividend stocks to a yield not a apples to apples comparison because of the greatest risk of losing your risk with stock as compared to the ten-year? >> let's get empirical, what stocks have outperformed for the last 20 or 30 years? that's reinvested dividend. i'm getting this from jeremy seagal's work. go read his book and you will know exactly why i think dividends are so important. a pullback can be the market giving back. i like stocks that have pulled back from the new high list between 5% and 8%. don't chase momentum, it's a starting point, not an ending point. >>> don't miss a second of "mad money." follow @jimcramer. send him an e-mail, or give us a call at 1-800-743-cnbc. miss something? hea
michael in new york. >> caller: hi, jim. i enjoy the show, thank you for helping me make money for my family. >> i appreciate that. >> caller: i have two questions. what do you gain by getting a dividend if the share price goes down by the amount of the dividend and then you have to pay taxes to the dividend, and isn't comparing dividend stocks to a yield not a apples to apples comparison because of the greatest risk of losing your risk with stock as compared to the ten-year?...
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Dec 27, 2012
12/12
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i'm jim axelrod. a lot of holiday plans are out the window tonight due to a powerful storm system that stranded travelers on highways and at airports. it's blamed in at least six deaths. in the south, there are reports that 41 tornadoes have touched down since yesterday. one of them sheered off the front of the trinity episcopal church in mobile, alabama. luckily, no one was injured. the same system brought a blizzard to parts of the midwest, forcing the cancellation of more than 1,400 flights. tonight, it's headed to the northeast. winter storm warnings have already been posted. troy kehoe of our cbs station in indianapolis begins our coverage. troy? >> reporter: well, jim, here in bloomington, indiana, we've already seen 11.5 inches of snow so far, and it is still coming down with blizzard conditions here in the midwest. this has been a two-day storm leaving much of the country paralyzed. blinding snow with wind gusts topping 35 miles an hour have created whiteout conditions in the plains in midwest
i'm jim axelrod. a lot of holiday plans are out the window tonight due to a powerful storm system that stranded travelers on highways and at airports. it's blamed in at least six deaths. in the south, there are reports that 41 tornadoes have touched down since yesterday. one of them sheered off the front of the trinity episcopal church in mobile, alabama. luckily, no one was injured. the same system brought a blizzard to parts of the midwest, forcing the cancellation of more than 1,400 flights....
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Jan 3, 2013
01/13
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. >> reporter: jim runs the greater washington board of trade. he says the uncertainty ahead has the business on hold. >> we're still going to have a hold on hiring. we're still going to have a hold on new investments. everyone is going to be waiting. >> reporter: even as business knows. >> there will be people who are furloughed on their jobs, people who will not be hired into new jobs. >> we're on a new reality, a new economic reality in the national capital region. >> reporter: frank principi knows that if the sequestration cuts kick in in two months... >> programs to head start to emergency preparedness are going to be cut 8% and it's the local governments that's going to have to deal with either replacing that 8% cut or terminating the programs that funding supports. >> reporter: as the federal government spends less... >> we think we're going to need to
. >> reporter: jim runs the greater washington board of trade. he says the uncertainty ahead has the business on hold. >> we're still going to have a hold on hiring. we're still going to have a hold on new investments. everyone is going to be waiting. >> reporter: even as business knows. >> there will be people who are furloughed on their jobs, people who will not be hired into new jobs. >> we're on a new reality, a new economic reality in the national capital...
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Dec 26, 2012
12/12
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counsel for the business, and identify that person as the store owner, jim butler. police said butler and philip got into an altercation inside the business, and philip was eventually shot. philip ran out of the business and collapsed in the parking lot. he has been having difficulties lately with people breaking into the store, which police have responded to. it is just someone broken and he was there. as far as philip, he had a vast criminal record, which included guilty pleas to second-degree assault, theft, drug offenses, and court appearances for in the same. so far, no charges have been filed in this case. >> authorities say they have recovered human remains where a trap was laid for firefighters in new york. officials believe the remains of the sister of the shooter. her younger brother is responsible for setting fires and ambushing first responders. the fund typewritten reports saying the shooter wanted to burn down the neighborhood, and saying, "i want to do what i do best -- killing people puzzle in connecticut today, police officers received a gift of tim
counsel for the business, and identify that person as the store owner, jim butler. police said butler and philip got into an altercation inside the business, and philip was eventually shot. philip ran out of the business and collapsed in the parking lot. he has been having difficulties lately with people breaking into the store, which police have responded to. it is just someone broken and he was there. as far as philip, he had a vast criminal record, which included guilty pleas to...
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Jan 3, 2013
01/13
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and in sports, syracuse hoops coach jim boeheim bounces into the record books. this is the "cbs morning news." coach jim bayh,nikze bounces into the record books. this is the "cbs morning news." chili's lunch combos. starting at 6 bucks. more life happens here. capella university understands bright students are getting lost in the shuffle. need. and administration's work gets more complex every year. when you look at these issues, do you see problems or opportunities? with an advanced degree in education from capella university, you'll have the knowledge to meet these challenges and make a difference in the lives of students. let's get started at capella.edu. she can't always move the way she wants. now you can with new stayfree ultra thins. flexible layers move with your body, while thermocontrol wicks moisture away. keep moving. new stayfree. >>> here's look at the weather in some cities around the country. new york, sunny, 31, chicago, breezy, 29, partly sunny in dallas, 50, mostly sunny in l.a., 68 degrees. >>> let's check your national forecast. as much as
and in sports, syracuse hoops coach jim boeheim bounces into the record books. this is the "cbs morning news." coach jim bayh,nikze bounces into the record books. this is the "cbs morning news." chili's lunch combos. starting at 6 bucks. more life happens here. capella university understands bright students are getting lost in the shuffle. need. and administration's work gets more complex every year. when you look at these issues, do you see problems or opportunities? with...
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Jan 3, 2013
01/13
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jim newsel, you called the fiscal cliff deal to this point a fiasco. what had your high expectations for what's to come on the spending and the debt limit that they have to deal with in the next couple of months? >> i don't have very high expectations. >> i didn't think so. >> i mean, i think at this point in time we're seeing history we pete itself and why congressman congressman brooks voted against the deal. congratulations on being sworn in again today, congressman brooks. >> thank you. >> but i think mo is right. you know, the taxes have been -- have been settled. whether he voted for them or not, taxes are settled. it's now on to entitlement reform and spending, and historically whether it's in reagan or bush or even in clinton, there were very few opportunities for cutting real spending or reforming entitlements that went along with tax increases, and that's what needs to happen. you've got to drop the -- and bend the growth curve in entitlement spending if you're going to have any chance at all in getting back to any sustainability on the debt,
jim newsel, you called the fiscal cliff deal to this point a fiasco. what had your high expectations for what's to come on the spending and the debt limit that they have to deal with in the next couple of months? >> i don't have very high expectations. >> i didn't think so. >> i mean, i think at this point in time we're seeing history we pete itself and why congressman congressman brooks voted against the deal. congratulations on being sworn in again today, congressman brooks....
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Dec 29, 2012
12/12
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>> well, that man you just saw harris jim swayze was walking four dogs. one of the dogs ran into the ice and fell through holding himself up with just front paws. jim swayze went after the dogs but the ice kept breaking away. he called 911. then called his cousin who is san animal control officer. the cousin's boyfriend showed up. went after the dog and right as he reached ice broke away. and he got stuck in the mud below and had to wait an hour for firefighters to arrive. listen. the big concern was the dog. they the dog had been in the without for why quite a while. the amount of time spent in the water is very short lived. you can't spent a lot of time in these cold temperatures and hope to survive. the rescue actually went pretty quickly. >> it went quickly but all tolled it still took an hour and a half before they pulled bart out of that water, harris. >> harris: that's a long time to be in the water. how is the dog doing? the hound dog is doing fine now. but bart is 11 years old. first the vet was very worried about him. they rapid him up in electr
>> well, that man you just saw harris jim swayze was walking four dogs. one of the dogs ran into the ice and fell through holding himself up with just front paws. jim swayze went after the dogs but the ice kept breaking away. he called 911. then called his cousin who is san animal control officer. the cousin's boyfriend showed up. went after the dog and right as he reached ice broke away. and he got stuck in the mud below and had to wait an hour for firefighters to arrive. listen. the big...
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Dec 29, 2012
12/12
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in accuweather meteorologist jim dickey is tracking that storm. jim, who is going to get it first? >> seeing the snow right now already across southern illinois and southern, indiana. with the storm, not packing the punch that its predecessor did but still a wide swath of snow across the ohio valley spreading its way north and eastward and then the cold front with the system putting down substantial rainfall. good news is nothing in the way of severe weather reports or reports of damage like we saw with the storm the day after christmas. moves east ward and the heavy rain tracking into the florida panhandle right now. reds and yellows marking the heaviest precipitation. with that further northward sold air in place. the heaviest band of snow the darking blue shade stretches from indianapolis down south of st. louis and that will move north and eastward as we head through the night. the first moves into pennsylvania and weakened and then transfer energy to a system that is going to roll up the coast but that happens too late for this to be a major snowmaker for most of us here. a wi
in accuweather meteorologist jim dickey is tracking that storm. jim, who is going to get it first? >> seeing the snow right now already across southern illinois and southern, indiana. with the storm, not packing the punch that its predecessor did but still a wide swath of snow across the ohio valley spreading its way north and eastward and then the cold front with the system putting down substantial rainfall. good news is nothing in the way of severe weather reports or reports of damage...
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Dec 26, 2012
12/12
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jim meceda, nbc news, london. >>> if you plan to head to the movie, you better make sure you have a little extra time because many of this season's blockbusters are clocking in at almost three hours. a report from hollywood. >> reporter: they are epic productions, earning oscar buzz. >> shall we stop this bleeding? >> reporter: this year's blockbusters have something else in common. you better block out three hours if you want to see one. as we approach the end of the year, hollywood's heavyweights are posting some hefty run times. spielberg's "lincoln" clocks in at 2 1/2 hours. "les miserables" is almost three hours. >> and a whop iping 2:49, "neverending." >> they should all be called the never ending story. >> one word of advice, go to the toilet before the movie started. >> reporter: why try to hold the moviegoers attention so long. many say blame it on oscar. there's a feeling in hollywood the academy won't take a best picture contender seriously if it's under two hours. this time of year, studios are racing to release these epics before the oscar deadlines. >> any film that opens on
jim meceda, nbc news, london. >>> if you plan to head to the movie, you better make sure you have a little extra time because many of this season's blockbusters are clocking in at almost three hours. a report from hollywood. >> reporter: they are epic productions, earning oscar buzz. >> shall we stop this bleeding? >> reporter: this year's blockbusters have something else in common. you better block out three hours if you want to see one. as we approach the end of the...
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Jan 2, 2013
01/13
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. >>> okay, we are extremely happy and very privileged to have mad money's jim cramer here. we have a lot of things to talk about with the fiscal cliff. do you feel we have solved anything or just basically pushed this cliff further down the road there for creating a bigger problem for policy makers down the line? >> no, i think we solved something. >> what did we solve? >> you asked about the idea that dividends, so important to capital formation for people at home. dividends are taxed low versus what we thought. capital gains going to stay in the game. not that bad. many incentives it stay in the stock market swrount otherwise and the stock mark set a great wealth creator. i think some things have been solved. i don't think it is as negative as some people have heard. >> we have had tough talk on show so far. lot of talk about debt. give us reason or reasons to be optimistic in this lucky 2013 year. >> okay, i believe there are tail winds that we came in with that are very strong. this housing situation remains strong. don't forget, i heard back and forth on sandy and whet
. >>> okay, we are extremely happy and very privileged to have mad money's jim cramer here. we have a lot of things to talk about with the fiscal cliff. do you feel we have solved anything or just basically pushed this cliff further down the road there for creating a bigger problem for policy makers down the line? >> no, i think we solved something. >> what did we solve? >> you asked about the idea that dividends, so important to capital formation for people at home....
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Jan 2, 2013
01/13
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jim o'neill speaks from a different point of view than i would. maybity right in the thick of it down here. i'm a big believe in america. big believe in the markets. i have be a exposure to the markets like everybody does but i'm not ready to pass the mantle to somebody else. >> rich, we are talking about fighting the fed and what is bad idea that is. bonds are another market that people seem to not fight the fed but is this is the year that interest rates start higher? >> we don't know that. the fed is a huge elephant in the room and it is as long as they keep buying bonds, you don't have a problem. the thing that concerns me is that -- >> go ahead. >> the thing that concerns me is we borrow a trillion plus dollars a year, so if other members of the world decide ton buy our bonds, i don't think the fed can buy all of them. >> okay. so if you look at what's been happening though, you would bet that this year would be the year that we stay steady again? or just keep listening to the fed to see what they say? >> i think expectations are, we are goin
jim o'neill speaks from a different point of view than i would. maybity right in the thick of it down here. i'm a big believe in america. big believe in the markets. i have be a exposure to the markets like everybody does but i'm not ready to pass the mantle to somebody else. >> rich, we are talking about fighting the fed and what is bad idea that is. bonds are another market that people seem to not fight the fed but is this is the year that interest rates start higher? >> we don't...
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Dec 26, 2012
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jim? >> any indications, nancy, where thewhether the republicans are willing to play ball with senator reid in this proposal? t well, they say they're withholding judgment until they see the legislation, but in the past, a handful of senate republicans have said that they would be okay with letting the bush tax breaks lapse for people making over $250,000 a year if that was their only option. the real question is whether house speaker john boehner would allow a vote on this plan on the house floor, knowing that so many house republicans oppose o. jim. t nancy cordes with the president in hawaii. thank you. farmers will also feel the impact if lawmakers fail to reach a deal on the fiscal cliff. bimultibillion-dollar aid bill may be a casualty of the casuemate. the ripple effects would be felt far from the fields. we asked anna warner to look into that. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat, but the nervou
jim? >> any indications, nancy, where thewhether the republicans are willing to play ball with senator reid in this proposal? t well, they say they're withholding judgment until they see the legislation, but in the past, a handful of senate republicans have said that they would be okay with letting the bush tax breaks lapse for people making over $250,000 a year if that was their only option. the real question is whether house speaker john boehner would allow a vote on this plan on the...
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Dec 26, 2012
12/12
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jim amos, chairman of planet smoothie. we have the ceo of fast signs and the jamie richardson the vice president of white castle. we have a power panel on today. thank you all for joining us. i want to start with some news from clarence otis, ceo of darden restaurants. obviously he came out and said that the forecast for his company going forward is looking bleak for a couple of different reasons. he said the negative media coverage that focused on darden and how they might accommodate health care reform has really hurt the company. he was someone who came out and said they would have to go ahead and use many more part-time workers because obamacare was simply too expensive. there was a big backlash against that. so he is going to have to go ahead and as a result, they will keep their full-time workers on. they will really stuck with the cost of obamacare. he also said, you know, they're having a tough time because people aren't coming into the restaurants because economy is bad. in my mind he spoke out. got punished for i
jim amos, chairman of planet smoothie. we have the ceo of fast signs and the jamie richardson the vice president of white castle. we have a power panel on today. thank you all for joining us. i want to start with some news from clarence otis, ceo of darden restaurants. obviously he came out and said that the forecast for his company going forward is looking bleak for a couple of different reasons. he said the negative media coverage that focused on darden and how they might accommodate health...
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Dec 29, 2012
12/12
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. >> i'm sorry, jim, i will stop the subsidy to pbs. >> i like pbs. i love big bird. >> a zinger every minute. >> brought us binders of women. >> we also have fewer horse and bayonets. >> horses and bayonets. >> oh yeah ♪ ♪ >> i just called president obama to congratulate him. >> i congratulated him and paul ryan on a hard-fought campaign. >> i pray that the president will be successful in guiding our nation. >> we are an american family, and we rise or fall together. the task of perfecting our union moving forward. >> tonight, we are celebrating the year in the news, the winners, the losers, the person of the year. and we will hand out the donald trump award to the person who has embarrassed himself or herself the most this year. all right, let's start with the most valuable player of the 2012 campaign, alex wagner, the most valuable player? >> in my book, it's david plouffe, you saw the beginnings, with dean, and obama. this will change the way people organize and campaign. >> krystal? the most valuable player? >> i have to say we don't know exa
. >> i'm sorry, jim, i will stop the subsidy to pbs. >> i like pbs. i love big bird. >> a zinger every minute. >> brought us binders of women. >> we also have fewer horse and bayonets. >> horses and bayonets. >> oh yeah ♪ ♪ >> i just called president obama to congratulate him. >> i congratulated him and paul ryan on a hard-fought campaign. >> i pray that the president will be successful in guiding our nation. >> we are an...
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Dec 27, 2012
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. >> that was the weather channel's jim cantore right there and mike seidel reporting. in a few minutes, we'll have the forecast on where the storm is headed today. that's just ahead in weather. >>> but right now, unfortunately, we turn to politics. as if tax hikes and spending cuts weren't enough, there's a new reminder that the nation's debt ceiling is also hanging over the budget talks in washington. in a letter to congress yesterday, treasury secretary timothy geithner warned the government would hit its legal borrowing limit by monday. without the okay to borrow more, geithner says the treasury will be forced to take "extraordinary measures" to keep paying the bills. so, that makes the government like the rest of us. he also referenced the impending fiscal cliff, which threatens to derail the economy if a compromise isn't be reached by next week on those big, unanswered issues. with both sides locked in a standoff, house republicans are calling on senate democrats to act first. democrats aren't budging much on their demands. they want to extend tax cuts on incomes
. >> that was the weather channel's jim cantore right there and mike seidel reporting. in a few minutes, we'll have the forecast on where the storm is headed today. that's just ahead in weather. >>> but right now, unfortunately, we turn to politics. as if tax hikes and spending cuts weren't enough, there's a new reminder that the nation's debt ceiling is also hanging over the budget talks in washington. in a letter to congress yesterday, treasury secretary timothy geithner warned...
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Dec 29, 2012
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jim? >> it depends on what happens. this is the way uncertainty works, but, you know, i thought for a month that one of two things was possible, one that we go over the cliff and the republicans have ground cover to be lowering taxes and not raising them or these are guys who crave the stage. how are they not going to take it down to the 11th hour? they'll never be able to stand in front of their constituents and say they fought the good fight and by my logic it's still december 28th. this is not done yet. the risk is coming in on monday and have something good happen on sunday and it being up, 20, 25 handles. i'm not at all convinced that we'll be in the tank on monday morning. >> how about you, larry? >> michelle, today we sought fiscal fear and it's all been about fear and it's becoming the fiscal reality. the after-hours reality shows that fear is really out there. fear has been driving everything. consumer confidence has come down, consumer sentiment has come down and retail sales have come down and fear will drive
jim? >> it depends on what happens. this is the way uncertainty works, but, you know, i thought for a month that one of two things was possible, one that we go over the cliff and the republicans have ground cover to be lowering taxes and not raising them or these are guys who crave the stage. how are they not going to take it down to the 11th hour? they'll never be able to stand in front of their constituents and say they fought the good fight and by my logic it's still december 28th....
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Dec 28, 2012
12/12
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jim, what about you? would you get into bonds here? >> no. not at all. actually i'm taking the other side. i adopted a negative bias yesterday because to me it still looks like a corrective channel from the big drop over the last couple weeks. now it certainly is testing my resolve as the markets tend to do but my stop out is about 13.09 on the up side. if it traded below 132.16 i'd take it as a signal to sell more. i think we are going over the fiscal cliff and the market thinks so and sometime in the first year things get revolved retro act toiv 2012. the market is accustomed to that and learned to deal with it. >> now you know how our guys are making money but the question is how about you? are you buying treasuries into the cliff? head to futures now.cnbc.com. vote in our poll. make your voice heard ere. scott, back over to you. >> thanks so much. have a good weekend. see you on the other side. only one guy to go to on this. he is the author of "unhedged." >> "unhedged." >> what is the trade here? >> the trade is i don't want to be short treasuries a
jim, what about you? would you get into bonds here? >> no. not at all. actually i'm taking the other side. i adopted a negative bias yesterday because to me it still looks like a corrective channel from the big drop over the last couple weeks. now it certainly is testing my resolve as the markets tend to do but my stop out is about 13.09 on the up side. if it traded below 132.16 i'd take it as a signal to sell more. i think we are going over the fiscal cliff and the market thinks so and...
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Dec 26, 2012
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back to you. >> jim cantore from mobile, alabama, thanks so much. i appreciate it. >>> president obama is leaving the first family in hawaii. he's cutting the vacation short to return to washington, d.c. hopefully to restart the negotiations over those job killing spending cuts and tax hikes set to take effect in the new year. joining me now is congressman gregory meeks, democrat of new york and serves on the financial services committee. i told you if anything goes off or need to rush out of here because you have gotten a call back to d.c. you let me know. plirt coe reporting today, as of christmas day, they do not have the standard warning to come back to washington to resolve the so-called fiscal cliff. it's boehner and other gop leaders aren't going to herd 433 lawmakers back to town with nothing to do. when you hear that, and you know what's been going on and what's expected of you in the new year, what are your hopes for something small, maybe not as ambitious as a grand bargain but something small getting done before january 1st? >> i would l
back to you. >> jim cantore from mobile, alabama, thanks so much. i appreciate it. >>> president obama is leaving the first family in hawaii. he's cutting the vacation short to return to washington, d.c. hopefully to restart the negotiations over those job killing spending cuts and tax hikes set to take effect in the new year. joining me now is congressman gregory meeks, democrat of new york and serves on the financial services committee. i told you if anything goes off or need...
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Dec 27, 2012
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. >> jim, the house reconvenes sunday night. the senate squabbling right now. the president's back in town. how are you trading or investing in this market in the meantime? >> well, bill, i thought it was difficult to underestimate the ability for congress to underdeliver. but here we are again. >> yes. >> our best case is, we probably thought it was going to go into the, go past the new year and i think that's what we're going to see. so, we'll probably tech nick little go over the cliff but we won't stay over and it's probably maybe even better off that we get a new congress looking at the prospects of a deal. there is a deal out there as opposed to the lame duck session. we'll probably have some volatile till but i think those are buying opportunities and we expect a better 2013. >> what kind of buying opportunities? what would you be looking to buy? >> well, certainly the sectors that have done well, i think, continue to be the financials. you look at consumer discretionary in here, which could take a hit and a down turn. near term down turn and health care
. >> jim, the house reconvenes sunday night. the senate squabbling right now. the president's back in town. how are you trading or investing in this market in the meantime? >> well, bill, i thought it was difficult to underestimate the ability for congress to underdeliver. but here we are again. >> yes. >> our best case is, we probably thought it was going to go into the, go past the new year and i think that's what we're going to see. so, we'll probably tech nick little...
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i think it's a little overdone. >> jim, good to see you for a second time today. you're looking at the chart of crude. technically speaking how important is the move in your view? >> well, this is funny. you started out the conversation with saying how significant is the move? that's what i've been dealing with all day. you look at the chart. we've been in a pretty well defined trend channel for a month or so. right now we've come to the top of it. the market is telling us the news out of the middle east and the news on the fiscal cliff is a pretty big deal. now it's decision time. is it big enough to take it above 91.25 and settle there? if it can't do that, it will be considered a failure. i want to be short oil and i think 8620 would be the downside. >> on the up side we're watching 9125. now you know what our guys are doing. are you buying or selling crude surge today? head to futures now.cnbc.com and vote in our poll. don't forget to check out our next online show that will be tomorrow at 1:00 p.m. scott being barks to you. >>> we'll see you tomorrow at 1:00.
i think it's a little overdone. >> jim, good to see you for a second time today. you're looking at the chart of crude. technically speaking how important is the move in your view? >> well, this is funny. you started out the conversation with saying how significant is the move? that's what i've been dealing with all day. you look at the chart. we've been in a pretty well defined trend channel for a month or so. right now we've come to the top of it. the market is telling us the news...
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i'm jim cramer, and i'll see you tomorrow. >>> good evening. i'm michelle caruso-cabrera in for larry kudlow. this is "the kudlow report." speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely c
i'm jim cramer, and i'll see you tomorrow. >>> good evening. i'm michelle caruso-cabrera in for larry kudlow. this is "the kudlow report." speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama...
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and jim cramer. >> jim cramer is great. he's mad, though. mad about money. >> ah, okay. well, i'm going to get to the news, which is going to start in -- >> is this chris christie? >> no, we're doing that later. >> peter king. >> seriously? >> why aren't we starting there? >> i tried to bring it up several times yesterday, but apparently you need lawmakers ranting and just railing against congress in order to cover it. i was horrified yesterday. >> i thought chris christie gave -- >> now you're horrified because chris christie is horrified. great. >> quite -- >> we'll get there. but first, president obama has signed into law -- >> with bottle rockets and smoke bombs. >> and i want to hear from grover norquist, because this logic is fantastic. passed by congress that raises taxes for the higher earners. extends tax cuts for the middle class and unemployment benefits for many americans. the president reviewed a copy of the bill while vacationing in hawaii before directing it to be signed by autopen. that's the signature machine that presidents sometimes use to sign legisla
and jim cramer. >> jim cramer is great. he's mad, though. mad about money. >> ah, okay. well, i'm going to get to the news, which is going to start in -- >> is this chris christie? >> no, we're doing that later. >> peter king. >> seriously? >> why aren't we starting there? >> i tried to bring it up several times yesterday, but apparently you need lawmakers ranting and just railing against congress in order to cover it. i was horrified yesterday....
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those talks in washington the public saving and europe's premie economy we report on what's getting jim and so upset with the government as it puts together a grander starting plan of its own that in a few minutes. if you're from my generation or younger and you were born into the one percent that i have a lot of college debt i sure do you know the deal used to be that you paid a significant amount for education but in turn that gave you a much higher salary later but now the system works in reverse many young americans studied very hard to not make any money at all around nine percent of americans with student loans have defaulted and at least nine but maybe up to eighteen percent are ninety days late with their payments given the situation the people at u.c. berkeley were nice enough to give away a million dollars in scholarships for everyone everyone that's an illegal immigrant yeah that's right if you're born in america then pay till you die but jump the border and enjoy the red carpet education treatment the people who will be getting the scholarships are mostly the children of ill
those talks in washington the public saving and europe's premie economy we report on what's getting jim and so upset with the government as it puts together a grander starting plan of its own that in a few minutes. if you're from my generation or younger and you were born into the one percent that i have a lot of college debt i sure do you know the deal used to be that you paid a significant amount for education but in turn that gave you a much higher salary later but now the system works in...
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jim frederick, thanks for joining us tonight. >>> up next, an attempted coup if you will. to derail a movement off the tracks. although i think they have a lot of influence. look at the cliff. the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >>> still no word on who may inherit john kerry's senate seat now that he's been nominated for secretary of state. we know who won't. ted kennedy jr. says he won't run for the massachuset
jim frederick, thanks for joining us tonight. >>> up next, an attempted coup if you will. to derail a movement off the tracks. although i think they have a lot of influence. look at the cliff. the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection,...
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. >> jim and i met in 1977. i really didn't believe gay people wovr see the day they could marry. >> reporter: after 35 years as a couple, they were the first same-sex couple to be legally wed at baltimore city hall. the mayor as an ordained minister presided over the ceremony herself. >> it is a very emotional night. incredibly meaningful night. there are so many people who have a chance now to have the life that they wanted for themselves and for their family and i'm so proud of maryland. that we chose equality over hate. >> reporter: seven same-sex couples took their vows at city hall at 12:30 this morning. the culmination of what has been a long battle for supporters of marriage equality. the same-sex marriage referendum on the ballot in move was hotly debated but ultimately passed. >> i'm very happy. this is -- this is as happy as i have ever been and spend the rest of my life with bill legally and just showed a gay community it can be done. >> reporter: jim and bill have advice for other same-sex couples t
. >> jim and i met in 1977. i really didn't believe gay people wovr see the day they could marry. >> reporter: after 35 years as a couple, they were the first same-sex couple to be legally wed at baltimore city hall. the mayor as an ordained minister presided over the ceremony herself. >> it is a very emotional night. incredibly meaningful night. there are so many people who have a chance now to have the life that they wanted for themselves and for their family and i'm so...
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those talks in washington the public seating in europe's prime yet economy we report almost getting jim and so upset with the government as it puts together a grand austerity plan at the time. or any court has reduced the sentences of dozens of jailed activists who took part in anti-government rallies last year but it's not enough to satisfy the opposition he wants the immediate release of all political prisoners human rights groups also the gulf kingdom to end its bloody crackdown on public gatherings like she looks at benefiting from the two years of unrest. when it came to supporting calls for democracy in middle eastern north african states while denouncing government sponsored violence leaders of the west were vocally critical from our graphic has lost legitimacy to lead and he must leave out a very clear message president which is it is time for him to go but when scenes of violent clashes between riot police and reform complain risk came from bahrain the definition of democracy shifted and rhetoric softened. in the summer of the us state department came up with a statement expres
those talks in washington the public seating in europe's prime yet economy we report almost getting jim and so upset with the government as it puts together a grand austerity plan at the time. or any court has reduced the sentences of dozens of jailed activists who took part in anti-government rallies last year but it's not enough to satisfy the opposition he wants the immediate release of all political prisoners human rights groups also the gulf kingdom to end its bloody crackdown on public...
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jim, tell your man jim he looks stylish and handsome with his new highlights and shorter hairdo. >> did you get highlights? >> no. it is just more gray. >> little just for men? >> stephanie: something. it is fabulous. some love letters from girls this morning for jim. >> like his new hair. >> stephanie: okay. let's go to lisa in wisconsin. hey, lisa, welcome. >> caller: hi. can i do a little shout out to howard, i believe he's a writer. he kind a phrase yesterday on a show, don't grover norquist yourself. people that know him and are getting involved with grover. grover norquisting themselves. i thought it was kind of funny. my comment my only comment i had was stephanie pretend i don't know what kind of jobs you've had but i've had a few factory jobs. >> stephanie: i've had -- go ahead. >> caller: if we had an assistant manager tell the crew at the factory we were going to build something, he was going to do everything to go against the big boss and the company and he's going to mess up the project, blah, blah, blah, i think you know, his workers would worry about what we're going to m
jim, tell your man jim he looks stylish and handsome with his new highlights and shorter hairdo. >> did you get highlights? >> no. it is just more gray. >> little just for men? >> stephanie: something. it is fabulous. some love letters from girls this morning for jim. >> like his new hair. >> stephanie: okay. let's go to lisa in wisconsin. hey, lisa, welcome. >> caller: hi. can i do a little shout out to howard, i believe he's a writer. he kind a phrase...
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jim rogers type stuff. vietnam, laos. >> myanmar. >> go for it, brian. >> burma, north haverbrook. >> other sectors we're watching today, the steel sector getting a major boost from a credit suisse. price target for six companies in this group, they're citing the fiscal cliff resolution, of course, and up side in china. they say the channel checks, that there's more reasonable inventory levels. so pricing is better. >> steel intelligence saying this is a very good level. i think letter x has done nothing for asia. i remember when it was $180 stock. i would tell people, again, that the resource based stocks are more china oriented, and i think china's going to have a very big year. remember, the euro is supposed to break up. the brics were no longer brics, they were soft putty. housing is supposed to go to zero. we could go over and over the things that were going to happen, that didn't happen. what did different repd rate go up? 40%? 45%? remember that worry? selling those dividends left and right. >> you c
jim rogers type stuff. vietnam, laos. >> myanmar. >> go for it, brian. >> burma, north haverbrook. >> other sectors we're watching today, the steel sector getting a major boost from a credit suisse. price target for six companies in this group, they're citing the fiscal cliff resolution, of course, and up side in china. they say the channel checks, that there's more reasonable inventory levels. so pricing is better. >> steel intelligence saying this is a very good...
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tara dowdell, democratic strategist, with former jim mcgreevey and david webb, accident cirrus xm patriot radio. good to see both of you. i want to begin with this. last night on fox news, this is what south carolina senator lindsey graham had to say about this meeting today. he said, quote, anytime you announce a meeting publicly in washington it's usually for political theater purposes. so, tara, is this all show? >> well i agree, obviously there is always some political theater going on in politics. i would say this year's oscar though goes to john boehner for pretending toe be nexting in good faith. throughout this whole process he has been the primary person pointing fingers and the democrats offered several different, several different opportunities for the speaker to come to the table, compromise opportunities. most recently even agreeing to seen less tax revenue as part of the deal. so i think that the issue here is that it is going to be very difficult for the republicans to come behind a compromise plan which has tax increases and spending cuts which is really the balanced appro
tara dowdell, democratic strategist, with former jim mcgreevey and david webb, accident cirrus xm patriot radio. good to see both of you. i want to begin with this. last night on fox news, this is what south carolina senator lindsey graham had to say about this meeting today. he said, quote, anytime you announce a meeting publicly in washington it's usually for political theater purposes. so, tara, is this all show? >> well i agree, obviously there is always some political theater going...
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jim acosta, cnn, washington. >> and i'm allison kosic. "cnn newsroom" continues now with martin savidge. don't go anywhere. >> thank you very much. >>> welcome to the cnn "newsroom." i'm martin savidge in for fredricka whitfield. here are the top stories we are following right now. >>> that fiscal cliff. we are at the very edge. senate leaders are working through the weekend trying to reach a deal before the deadline. today president obama called on lawmakers to meet their deadlines and responsibilities and forge a compromise to avoid tax hike and spending cuts from taking effect. lisa desjardins is live on capitol hill. what's going on right now? >> reporter: right now it's all behind closed doors, martin. what we just have learned in the last hour, in fact, what reporters have seen here, a surprise. house speaker john boehner was here at the capitol. we're still trying to sort out exactly why he was here, but he wasn't here for very long, it seems. he left in the last hour. also, we were able to see some of senator mcconnell's staffers.
jim acosta, cnn, washington. >> and i'm allison kosic. "cnn newsroom" continues now with martin savidge. don't go anywhere. >> thank you very much. >>> welcome to the cnn "newsroom." i'm martin savidge in for fredricka whitfield. here are the top stories we are following right now. >>> that fiscal cliff. we are at the very edge. senate leaders are working through the weekend trying to reach a deal before the deadline. today president obama...
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we are going to look for jim's hat. we are back after this. there are a lot of warning lights and sounds vying for your attention. so we invented a warning you can feel. introducing the all-new cadillac xts. available with a patented safety alert seat. when there's danger you might not see, you're warned by a pulse in the seat. it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing the future forward. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ [ opening bell ] >> [ inaudible ] >> what an amazing two-day run we have had. this san interesting stat from dan greenhouse of btig, better than all but 1% of two-day rallies since 1990. so, very, very strong performance here, taking a breather at this point. >> we know the thoughts, too all that data how you make money in stoc
we are going to look for jim's hat. we are back after this. there are a lot of warning lights and sounds vying for your attention. so we invented a warning you can feel. introducing the all-new cadillac xts. available with a patented safety alert seat. when there's danger you might not see, you're warned by a pulse in the seat. it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing the future forward. ♪ [ indistinct shouting ] [ male...
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jim frederick, thanks for joining us tonight. >>> up next, an attempted coup if you will. to derail a movement off the tracks. although i think they have a lot of influence. look at the cliff. the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may inherit john kerry's senate seat now that he's been nominated tr secretary of state. we know who won't. ted kennedy jr. says he won't run for the massachusetts seat because he considers connecticut his home. >>> and it looks like ben affleck is sticking to life in hollywood instead of heading to washington. the star of argo, a great movie, says that he quote, loves the political process but i'm not running for office. we'll be right back. [ male announcer ] feeling like a shadow of your former self? c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testoster
jim frederick, thanks for joining us tonight. >>> up next, an attempted coup if you will. to derail a movement off the tracks. although i think they have a lot of influence. look at the cliff. the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may inherit john kerry's senate seat now that he's been nominated tr secretary of state. we know who won't. ted kennedy jr. says he won't run for the...
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one of the more conservative republicans, jim jordan, told me the only thing worst than defense cuts are no cuts at all. that said, you can delay the impact of see questions administrati -- see quest administration. it will take them time to come up with the cuts over the course of the fiscal year. that said -- because we never passed the budget but only continuing resolution, we've only got until about march to figure out how to deal with that problem. >> you better believe that there are a lot of democrats in states like california, virginia, florida, in the senate and the house who don't want to see those defense cuts either because, boy, those are big employers. let me grill on one thing and that is this, tax rates are scheduled to go up anyway next year because of surcharges on medicare and a payroll tax surcharge because of obama care, am i right on that? >> you're right. if you look at it, incomes are really going to go back to where they were during the meltdown. the american economy will not have moved forward for many households. >> and the payroll tax holiday will end auto
one of the more conservative republicans, jim jordan, told me the only thing worst than defense cuts are no cuts at all. that said, you can delay the impact of see questions administrati -- see quest administration. it will take them time to come up with the cuts over the course of the fiscal year. that said -- because we never passed the budget but only continuing resolution, we've only got until about march to figure out how to deal with that problem. >> you better believe that there...
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carl, back to you. >>> jim, those are some pictures. a lot of people in the northeast paying close attention to that storm as it gets closer and closer to us. jim cantore, thanks for that. >>> let's get over to the cme group. rick santelli has the santelli exchange. good morning, rick. >> good morning, carl. i guess no topic makes me grind my teeth more than the culmination of the entire bailout nation issues than housing, okay? only can the u.s. government, i take that back, only can government, period, including the u.s. government turn a detour into a four-lane highway, okay? let's talk about infusion. governments tried to create faux guarantees when they set up the gses when they created the structure of special financing and faux guarantees whether they were applied or assumed, we all know how it turned out. taxpayers ended up getting the bill when government took over the space. and then we get all the faux guarantees of fixing the original faux guarantees as the intrusion really did get worse. i take you back to september of 2008
carl, back to you. >>> jim, those are some pictures. a lot of people in the northeast paying close attention to that storm as it gets closer and closer to us. jim cantore, thanks for that. >>> let's get over to the cme group. rick santelli has the santelli exchange. good morning, rick. >> good morning, carl. i guess no topic makes me grind my teeth more than the culmination of the entire bailout nation issues than housing, okay? only can the u.s. government, i take that...
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jim webb. >>> in our other top stories, hillary clinton is recovering at home. the secretary of state razz released from a new york hospital last night following treatment for a blood clot in her head. her doctors say she is making progress and expect as a full recovery. clinton's spokesman says she is appreciative of the care she got and is eager to get back to work but there is no date yet for her return to the state department. >>> in connecticut, classes resume for students and teachers of sandy hook elementary school. this comes less than three weeks after the deadly shootings at the school. classes will now be held in a former middle school just down the road from the shooting scene in a town of monroe. last night, parents were invite tie open house of the new school. many parents thanked the teachers for being heroes that day. the new school will be renamed sandy hook elementary. >>> new this morning, a d.c. police officer putting the focus on what he says is an error with at least one of the city's speed cameras. >> but first, a ups driver targeted in a
jim webb. >>> in our other top stories, hillary clinton is recovering at home. the secretary of state razz released from a new york hospital last night following treatment for a blood clot in her head. her doctors say she is making progress and expect as a full recovery. clinton's spokesman says she is appreciative of the care she got and is eager to get back to work but there is no date yet for her return to the state department. >>> in connecticut, classes resume for...
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welcome to the program, jim. how do you argue that we'll get potentially, what is it, 1,700, i think, on the s&p, is the call. >> yeah, i think it can get up to 1,700 during the year, simon, touching that. i don't know if it will end the year, but i'm thing 15 to 20% rerps, and i think it's mainly about confidence. i think we've produced a lot of the earnings that we're going to produce in this recovery cycle. we're still going to eget earnings growth, but it's going to be much slower from here. what we have left is a lot of room to increase the valuation we place in those earnings. and that's about improving confidence. look at, going into the year, look at the things that we've accomplished when we start 2013. i think in a couple weeks, we're going to have some progress made on the fiscal issues. it may be modest, but i think we'll get some agreement. we will have revised chinese and world recoveries. we will have calmed, dramatically, your zone fears, at least away from a calamitous event. we will have geared
welcome to the program, jim. how do you argue that we'll get potentially, what is it, 1,700, i think, on the s&p, is the call. >> yeah, i think it can get up to 1,700 during the year, simon, touching that. i don't know if it will end the year, but i'm thing 15 to 20% rerps, and i think it's mainly about confidence. i think we've produced a lot of the earnings that we're going to produce in this recovery cycle. we're still going to eget earnings growth, but it's going to be much slower...
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jim moran admits they will be watching another battle, washington and dallas play tomorrow night. we'll be voting sunday night and probably watching the skins cowboy gave in the cloak room. >> the title game starts tomorrow night . those are the top stories, molly, back to you >> december, and watching football matters. >> they will have a nice wet field since it is it pouring wet snow. >> are you praying that rg3's knees are okay. >> thee is a tough kid. >> we need a big performance. >> president obama gave senate leaders a plan to avoid the fiscal cliff. if we go over the cliff, many of you decided who is to blame. 44 percent blame republicaning in congress. here to help us sort it out is the republican strategist and former iowa press secretary. you saw the poll on who gets the blame for this according to rasmusin . does this give president obama breathing room to hold out for the taxes on high earners. so be it it will be worse for conditions. >> i don't think either side wants this to happen. president obama doesn't want to give an inaugural address . conscience don't want to
jim moran admits they will be watching another battle, washington and dallas play tomorrow night. we'll be voting sunday night and probably watching the skins cowboy gave in the cloak room. >> the title game starts tomorrow night . those are the top stories, molly, back to you >> december, and watching football matters. >> they will have a nice wet field since it is it pouring wet snow. >> are you praying that rg3's knees are okay. >> thee is a tough kid. >>...
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welcome to my father-in-law jim lemarca and the cast of his book, "bonus time." it's sort of like "zero dark 30" kind of sort of. >> that will do it for "power lunch." >> "street signs" begins right now. >>> there is a full cornucopia of cliffs on this fiscal friday. the president plans to pop another tax proposal on congress, but will it pass? the clack is ticking. latest ahead. >>> so what would a cliff jump really mean for american business? you will hear directly as we reconvene our exclusive small biz all-star panel. >>> plus, call it the retail hu "hunger games." three companies that may not survive. >>> predictions 2013. big calls for the new year, mandy. >>> bring it on. the s&p 500 is on track for a fifth straight decline. some of the hope does seem to be coming out of the market of late for a deal. of course, there could still be time. nonetheless, what we have seen is a drop of 1.3% so far this week. indead, the s&p's longest losing streak in three months. even the good news on home sales. not helping the three major averages which are on pace for thei
welcome to my father-in-law jim lemarca and the cast of his book, "bonus time." it's sort of like "zero dark 30" kind of sort of. >> that will do it for "power lunch." >> "street signs" begins right now. >>> there is a full cornucopia of cliffs on this fiscal friday. the president plans to pop another tax proposal on congress, but will it pass? the clack is ticking. latest ahead. >>> so what would a cliff jump really mean for...
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and then, finally, we're also going to be losing jim webb and jim demint. jim, as we all know, jim webb came here, did something very few freshmen can do by getting a major new piece of legislation passed, the new g.i. bill, and on the committee he's been really critical to our thinking about the far east. he was the first american to visit burma in ten years, and i'm proud to say i think i may have been the one who was there before that, but he changed the policy, he knew we had to lift the sanctions and move it, and his contribution to thinking about the trans-pacific partnership, the continued efforts on vietnam mias has been a superb contribution. he's a great thinker, and we appreciate his service. and jim demint, jim demint and i have, obviously, disagreed on a number of treaties and initiatives in front of the committee, bun of the great things about -- but one of the great things about jim demint is you know where he stands. he knows what he believes, we do. he's been a terrific advocate for his point of view, and we're confident that in his, in the
and then, finally, we're also going to be losing jim webb and jim demint. jim, as we all know, jim webb came here, did something very few freshmen can do by getting a major new piece of legislation passed, the new g.i. bill, and on the committee he's been really critical to our thinking about the far east. he was the first american to visit burma in ten years, and i'm proud to say i think i may have been the one who was there before that, but he changed the policy, he knew we had to lift the...
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listen to virginia democrat jim moran as he describes why he'll likely vote against a deal. >> my congressional district would be the hardest-hit if we go over the fiscal cliff. i have tens of thousands of federal employees and a great deal of defense spending would be at risk. so if we don't suspend the sequester and it looks like this very small deal may not even achieve that, then i'd have to be a no vote. so if i had to guess right now, i don't think we're going to be able to reach a deal no matter how small it might be. >> a vote could take place later today, and you can watch coverage right here on cnn. >>> the president will continue to plead his case for a deal today. he's making his first appearance on a sunday talk show in more than three years. he's on nbc's "meet the press." mr. obama is expected to call for an immediate vote by congress on a scaled-back plan that would only extend middle class tax breaks and unemployment benefits if the congressional negotiations fail. >>> fears over the fiscal cliff are weighing heavily on u.s. stocks, which posted five straight days of losses. th
listen to virginia democrat jim moran as he describes why he'll likely vote against a deal. >> my congressional district would be the hardest-hit if we go over the fiscal cliff. i have tens of thousands of federal employees and a great deal of defense spending would be at risk. so if we don't suspend the sequester and it looks like this very small deal may not even achieve that, then i'd have to be a no vote. so if i had to guess right now, i don't think we're going to be able to reach a...
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. >> that was jim cooper of tennessee. you don't have to be a member of the house to be elected speaker so colin powell potentially could have gotten a few votes. what did that say to you, if anything, paul? >> it sounds like jim cooper doesn't like colin powell. ari is right, it's one of the toughest jobs in america to be the house speaker. democrats clearly p want nancy pelosi to continue leading them. the republicans want speaker boehner. yeah, there were a few dep senders but i've got to tell you, the house republicans that mr. boehner leads again is a failed state. the classic definition, the kinds of places like, you know, somalia and democratic republic of congo, the type of plateses that you like to report from, that's where the house republican conference is. i looked up the textbook definition, it's a collapse of central authority, check, and inability to receive collective decision making, check. inability to provide basic public services. well, sometimes they do. i don't give them a total pass on that. inabilit
. >> that was jim cooper of tennessee. you don't have to be a member of the house to be elected speaker so colin powell potentially could have gotten a few votes. what did that say to you, if anything, paul? >> it sounds like jim cooper doesn't like colin powell. ari is right, it's one of the toughest jobs in america to be the house speaker. democrats clearly p want nancy pelosi to continue leading them. the republicans want speaker boehner. yeah, there were a few dep senders but...
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. >> jim jones, curesh, history has shown that these things happen. >> a point of concern, the church-owned grocery store, the only big store in the community, was abruptly sold down. not only was this the sole groce rhee store, but it was a gathering point. authorities are afraid its closing may signify something dire. >> is it your belief that warren jeffs believes the store doesn't need to be open because the earth is ending. >> what do warren jeffs' faithful followers have to say about all this? they're told to never talk to reporters, and some use their reporter intimidation technique, large vehicles speeding and screeching by us. and then emitting black smoke for added emphasis. one of the things we're hearing is he's been talking about the possible end of time, end of the world, and that people need to be faithful. is that your understanding of what he's been talking about also? >> i would rather not talk. >> a lot of ladies in this community don't want to talk to me. are you one of them? >> the ladies are almost always polite. not always the case with men. >> can i ask you, do you s
. >> jim jones, curesh, history has shown that these things happen. >> a point of concern, the church-owned grocery store, the only big store in the community, was abruptly sold down. not only was this the sole groce rhee store, but it was a gathering point. authorities are afraid its closing may signify something dire. >> is it your belief that warren jeffs believes the store doesn't need to be open because the earth is ending. >> what do warren jeffs' faithful...
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i want to bring in jim clancy. i want to start with the government attacks today in and around damascus. what is the government's goal here? >> the government is extremely concerned. they're losing their grip on the suburbs of the capital. all of this is within ear shot of the presidential palace. but it is really -- i think it is only fair to say it to admit what is going on here. they are targeting civilians in whatever numbers they can find. the regime obviously frustrated, they have not been able to strike with any significant effect on the free syrian army, on the rebel and opposition groups and they have turned to civilians who are lining up, whether it is for bread or whether it is for fuel, some 75 people known to have been killed in this incident alone. it reflects the pattern that we're seeing here, don. a pattern of increased casualties. we were looking at a thousand casualties a month at one point. and now it is probably more than a thousand a week. we have been well over 100 for almost as long as i can
i want to bring in jim clancy. i want to start with the government attacks today in and around damascus. what is the government's goal here? >> the government is extremely concerned. they're losing their grip on the suburbs of the capital. all of this is within ear shot of the presidential palace. but it is really -- i think it is only fair to say it to admit what is going on here. they are targeting civilians in whatever numbers they can find. the regime obviously frustrated, they have...